/biz/ - Business & Finance

>MY MONEYYYYYYYYYYYYYY

it needs to be said
n i g g e r

>In economics and finance, a Glownigger Market is said to occur when a country's financial policymakers begin manipulating econometric data for their political benefit. [1] This may be accompanied by organized propaganda campaigns, hidden monetary easing, as well as other forms of financial repression, in order to reinforce the illusion that a nation's troubled economy is sound and resilient. [2, 3] In a Glownigger Market, stocks may seem to rally, even irrationally so, in the face of worsening economic conditions. However, while the goal of a Glownigger Market is to either delay or prevent a politically undesireable financial correction from occurring, the policy actions that led to the Glownigger Market invariably increase the severity of the subsequent financial crisis. By attempting to overpower healthy corrective market forces, a Glownigger Market causes extreme capital misallocation that can turn a minor economic downturn into a severe and protracted economic depression. [4]
>https://www.investopedia.com/terms/b/glowniggermarket.asp

>>55494775
omg. the gamer word!!

when is oil not back? It's oil.

i have a confession to make. i didnt buy puts even though i posted in the thread that it was a good time to buy them. i would have been up like 90%.

>>55494780
That’s great and all but nothing ever happens the only people who eat shit is have nots, the have’s just shrug it off scoop up the cheapies and get richer

In this thread, we will only speak Chinese

>>55494810
Congrats you’re like every other all talk no dick sideline bear here talking from their anus and not nutting up when it’s nut cutn time

>>55494825
you have to admit that there is inherently more risk shorting than just going long. there is no arguing that. there is also no arguing that stocks go down sometimes. i also do not have the finances to comfortably make risky plays like that but i do feel like i recognized the move well. ill have to practice more and see if it was luck or not.

>>55494816
>>55494825
There's no need to be upset, anon. There is still time to sell.

>>55494820
你有一个小阴茎和狗的脸

>>55494820
https://www.youtube.com/watch?v=k4mrkP3xgdc
Mao Mao
Mao Mao
Mao Mao
Mao Mao
Mao Mao

Questions for y’all

1. Do you have any crypto

2. Do you have an emergency fund

Just curious

>>55494914
no
and no, it isn't an emergency fund, it is a cash position

>>55494914
>1. Do you have any crypto
Fuck no
>2. Do you have an emergency fund
Several

>>55494914
im 100% all in on 0dtes every day of my life
either going to make millions or be broke
theres no point in settling for anything in between

>>55494914
no, the only crpto that seems worthwhile is btc or maybe monero.
yes, i keep roughly 20k sitting in my checking for day-to-day stuff, trips, and emergency things.

holy fuck, I only drank a third of bangs. this stuff is lit. I hope my local closeout store gets more of this shit. Energy drinks normally have such retarded price points.

TMF bros..

>>55494993
why are you in this while we are still tightening?

>>55494775
It does need to be said a little more sometimes. But not by us? Any not by the actual, dangerous racists. But maybe just normal people, calmly while sighing, in their thoughts. I'm not sure.

but yes I am. Long SOXL.

Just came back home
Last time I checked tesla was recovering from the morning dump and about to hit 280
Why the FUCK did it end up closing at 274??? It literally had a free fall during the last 30 minutes

>>55494986

Bang always hurt my pancreas and teeth, I hope you have better luck with it

>>55495062
Calcium. Multivitamins

>>55494986
my area discontinued it. I liked bang cause it was zero calorie so now I'm forced to drink boomermonster

>>55495046
because get fucked faggot

>>55495062
the rumblings in my lower gut says it is about to give me a poopoo emergency at the very least.

>>55494914
1. The age of crypto bull runs is dead. You might get lucky with some shitcoin pump & dump but everything else is garbage. If I wanted to invest in crypto I'd consider BTC if it ever dips below 10k.

2. 95% of my funds is used for trading. The rest is used for essential living. If I need money I pull it out of my investments.

>>55495113
The only thing worth trading is oil, treasuries, maybe future and AI earnings. AI is telegraphing landmark earnings this month into the next. And the only thing we're arguing is whether they will reach as high as the expectations they've offered.

You don't have to pay computers. They're going full steam with this. And everyone is buying NVDA's AI technology as we speak (it's part of their gameplan as stated in their previous earnings calls.)

>>55495113
explain bitcoin cash

BABA bros, our monthly pump has come again

>>55494757
Oil bros.
They thought they could stop us.
But we were just getting started.

Its been pretty apparent to me that full time feds assigned to /smg/ are shilling terrible stock picks to make us lose money, become disgruntled and go postal on a mass shooting. Typical glow op false flag.

Same thing the feds did with the Las Vegas Mandalay Bay shooter.

not a bear but we are gonna go back down to 4000

>>55495153
holy shit what happened. i stopped checking my leaps they're probably up 20% today (i bought ATM)

>>55494914
Yes and yes.
Only retards are not in crypto

>>55495211
It is less of me being a fed and more me fishing for confirmation bias.

CRBP pajeet is worse than I am about this though.

>>55495239
>>55495153
kek clown world
>get fined $1b
>punishment is nothing so stock rallies
XI MAKES US MONEY WOO

>>55495244
>CRBP pajeet is worse than I am about this though.
I don't understand, how am I fishing for confirmation bias?

>>55495002
Line go up and down

>>55495253
kek

>>55495244
sorry ur joke flew over my head im on 4 hours of sleep in 2 nights

>>55495260
Why did you respond "kek" to me when I clearly didnt understand your joke at first. Why.

>>55495266
Because I thought your response was funny

Another week in the bag. Another hentai chapter got read last night. Stranded on a deserted island w/my classmates chap.11. (1 dude;10 girls). So anyway so far lucky fucker has creampied all but 3 and had an epic orgy. Well now he's finally getting to the holdouts. Funny enough the whole "pregnant thing" hasn't been brought up once even though he's been doing it bareback for the whole series.

>>55495300
These posts have convinced me to finally quit porn for good

>>55495300
Your existence sounds boring. How much money do you actually have not in the stock market?

Also, is anyone buying LCID? I keep asking but never get a response. They pumped good today and I finally hit a clean 1k shares.

>>55495211
Imagine having a qt female glowie tracking your every move and shilling bad stock picks psycologically tailored to sound plausible just for you. She'd probably keep close track of your personality traits, likes, and dislikes to know how to manipulate your emotions for her own ends. Maybe she'd even bust down your door in the middle of the night and threaten to rape you if you don't or admit to posting on the stock market general of four channel dot org. That would be terrible... haha...

Yields...

>>55494914
>y'all
dilate

>>55495355
Why is her butt red? Has JPow been slapping her?

>>55495345
My stocks will yield children from Nagatoro's womb

>>55495363
Yes he has, but that's her panties

>>55495230
I am a bear and yeah 4K is a good start

the mantis race will claim power once more. this market is now once again under our control.

>>55495253
>I don't understand, how am I fishing for confirmation bias?
Please unironically kys

>>55495345
>Imagine having a qt female glowie tracking your every move and shilling bad stock picks psycologically tailored to sound plausible just for you. She'd probably keep close track of your personality traits, likes, and dislikes to know how to manipulate your emotions for her own ends
That would explain a lot actually

>>55495340
Nah my life isn't boring. Honestly considering the world as it is now I'd rather read hentai and books than turn on the tv when time permits. The only thing I use the tv for is to watch movies/shows on my server.

>>55495211
You are not obligated to buy stock recommendations from /biz/.

Traders are not fortune tellers.

>>55495340
I got burnt buying the dip on a meme EV stock, no thanks. These shitters are just going to dilute dilute until nobody buys their worthless shares any more and go bankrupt

Oil will drop again. I will buy at the perfectly timed bottom and ride it up to the perfectly timed top.

>>55495477
Idk why you guys are hawkishly watching oil for minor fluctuations. The only time to buy oil is when it dips to like $30 or less

>>55495491
it is one of the few things in this market that swings 10% or more still unleveraged

I cant stop listening to generic rich larp rap music from 10-15 years ago. I just want a mil in an IRA and a maybach.

Any bought a on TMC? Jumped a bunch today and seems well situated in the industry, mostly because there are so few players in it. Deep sea mining could be stymied by government regulations before it even gets started though. Still seems like a lot of potential upside though

>>55495517
ok but how do you have an edge on the market guessing how it will swing? you dont use satellites to gauge inventory levels like bloomberg.

>Keep getting heemed trying to pick tops and bottoms

>Switch up tactic to buying and selling into closest tops and bottoms

>Start making money instead

Was it really that easy the entire time?

>>55495632
it is plenty susceptible to known seasonal trends, political influences, and even TA works on it. You don't really need an edge to trade it.

>>55495567
>generic rich larp rap music from 10-15 years ago
It was that period and subject matter that finally broke me from the rap jew

>>55495646
it works until it doesnt

>>55495632
commodities are the ONE instrument that are ruled by the universal law of supply and demand

/JEPI/ gang what's up with our divis

>>55495652
waiting on dem saudis to fully play their hand as a swing producer and give us niggas the golden cross

>>55495670
Is David Jepi not picking up his phone again?

>>55495646
Long term just find a systemic trend following system you can live with, run it with leveraged ETFs and let it rip. It's hard to get heemed if you simply buy what's already going up and sell what's going down. The difference between that and "buying the dip" is the winning percentage for trend following is lower so it's more psychologically difficult for some people to stick with the system. Thing is though it's not so important which moving average you pick or whether you buy 52 week high or you buy whenever the average price of SPY is above the risk free rate over the last 12 months or whatever else, the important thing is when you get a signal for a trade you take it. Every single time. Consistency is the key and that's the hardest part and why most traders, even with a profitable trading plan, ultimately underperform buy and hold

>>55495656
It was a pretty biz period desu. Atleast then it was about something even if you had major shitheads like jay Z. How are you supposed to be inspired to go out and fuck bitches listening to weird dreadlock midget mumble xanax tune remixes nowadays?

>>55495689
>>55495684
>>55495675
>>55495670
>>55495662
Free €5 tutorial

pastebin
com/HdY7QED4

>>55495724
thank you bot, very cool. here is your engagement so you can feed your village

bros... our guy finally fucking made it

>>55495744
QRD on this? Did Memearino get a woman? A CNBC interview? Both?

>>55495765
you think theyd let this guy on cnbc??

>>55495772
This looks like the setup for the trading version of Dr. Horrible's Sing Along Blog
After being spurned by woman on the left, Mannarino will trade increasingly aggressively until at the last minute, by a stroke of luck, he makes billions, which he promptly uses to buy out the entire COMEX supply of precious metals while shorting every major currency, broadcasting his demands to the world on the same channel as always while the world financial markets crumble in a global currency crisis.

>>55495823
Yes I think this would be very nice

>>55495772
why not?

>>55495881
he hates cnbc and all the lying kikes

mannarino when confronted by the star of david

>>55495881
thx i did not had this one

>>55494914
I got burned on holding crypto so I only consider it for trading. The only thing I would be comfortable holding is an index fund cause they're gonna rebalance it whenever something in the fund underperforms

Fit caught a live one and she delivered if anyone's bored and interested
>>>/fit/71520181
Also buy SOXL

>>55495976
they were pretty nice, but not worth saving to the hard drive nice. great nipples though. thanks

THAT NASDAQ RALLY IS NOT REAL

>>55496015
wait until you check what the nikkei has been doing

I've come to the realization that high frequency trading is basically the same thing as coin debasement. They usually do this until the whole system stops working (gold coins). I think we will see a catastrophic market event within our lifetime and I wonder how to prepare for that.

>>55494757
am I retarded for buyign AMT and CSCO to try to play the Biden internet infrastructure bill? AVGO seems to have been the proper play, but fuck if I'm going to buy in at that price after a 30% pump already that conveniently took place exactly a month before announcement

Holy shit the 4h SPX looks bearish as fuck for Monday.

>>55494914
>crypto
put about 5k into ATOR the month it was founded because I'm familiar with the Tor browser, now at 20k. have 2k doge because it has a consistent floor and Elon pumps it every once in a while for le epic meme status. I dotn generally trust crypto, but you cant argue against it as an extremely risky and extremely lucrative investment. you just have to not drink the koolaid, which can be difficult when you see retarded returns

>emergency fund
when I'm fully invested I have like 5k cash on hand, right now I've got like 13k cash

Any high volatility stocks worth playing?

aw man i could have made so much if i held my puts. i keep buying the right thing buy never holding long enough.

>>55496289
longer dated options spreads
60-90 days out
stop watching the markets
check back after a couple weeks
roll, sell, or do nothing and check again in a couple weeks
give yourself time to be right and not be slave to intraday swings and you can make consistent money being directional in markets

>>55496302
true, i bought the puts expiring monday and got nervous because they were too short. if I bought longer dated ones i most likely would have held longer.

>>55496261
USOI. It's like USO with a little built in risk management

>>55496327
Thank you, adding it to the list.

>>55495744
I love my nigga memearino
https://vocaroo.com/1jswIsxoQeBt

>>55496261
MCD

I have a message for everyone on /smg/...
wagmi

I wonder what stock trading is gonna look like in the US in 50 years when the US stock market can no longer rely on positive population growth for higher revenue and bogglenigs get absolutely blown the fuck out and the only way to make money is to pick individual stocks

>>55496468
Even now US companies derive some if not most of their profits internationally so as long as there's growth somewhere US equities should be able to capture a piece of if

>>55496468
AI will control the world in 50 years who needs money at that point

Next week

>>55496543
Shit... I do business with some of those companies

>>55496543
Shit… Some of those companies are businesses

>>55496543
>all those banks on Friday
r-regionals have recovered, right guys?

>>55496543
business: I shit on those companies

>>55496543
JPM is the only company that matters

>>55496543
Banks will just report inverse guidance to whatever the “real economy” stocks report on Thursday.

If you want to trade one of these ERs, Delta is going to be the most liquid and should have nice upside potential. The risk is they start talking about summer storms and delays in their guidance which would delete any good will they create in the earnings print.

>>55496504
If we had AI sex robots by then that would be cool too

https://youtu.be/_ovdm2yX4MA
I'm getting a good feeling about next week
This week was just a little weird because of the holiday
Things are definitely looking up

Any div yielding stocks I should be on the lookout for? I invested in SPYD, SPY, and DOW but I'm trying to improve. I'm playing the long term game.

>>55496543
I do shit with some of those companies

>markets

everything is a fucking circus lately jesus

>>55495976
nice one. thanks anon

>>55496719
You were merely adopted into the clown market

I was born in it.
Molded by it.

>>55496732
It even ended in an old fashioned schizo meltdown. Thread of the week

One of my favorite t-shirts. I love my wife, buy SOXL.

>>55496832

>>55496832
>green bubbles

>>55496868
god I love her so much.

EU just woke up (me), wtf is going on here? WHO is here? And WHAT was THAT hilarious dump at the end of US session? How is that even possible? This faggot consultant or how you call them at banks of which my parents have bought boomer stock indices off, said to me, after he asked me what I do, that this was pretty risky, when I replied that I was trading oil (back in early 2022 before the war). Since the price cap I'm not trading it. Now that I'm trading indices instead I have to crystally clear say, STOCKS are WAY WORSE. Constant scamwicks, schizo behaviour, irrational bullshit, same news sometimes good, sometimes bad. This doesn't happen as often with oil

>>55494848
Why do these types always have psycho looking eyes in all their jab pics?

question is, are you a day trader or a gay trader?

>>55495204
Man I wish I had a wife like this. I mean look at those enormous perky tits! They're
hugeeee!

>>55495646
Ive been getting heemed all of a sudden. In a fit of rage I bought a bunch of soxl earlier. Bought near the freaking local top.

>>55497066
They think they can intimidate you and stare you down. Their stare is used as an expression, to make you submit, as a punch from above as they think they are higher than you morally and ethically as socially

>>55496832
>a literal janitor keeps his mirror in that state
Get it together, lad.

>>55495592
Yes I had 52560 shares sold some at 1.18 because I a retard, still have 40000 shares though and I am holding until 10.

The ISA chief does promo videos for DSM, and we need a 33% vote for mining to start since it's all ready agreed upon, pretty much we are good to go as long as TMC does not.fuck up.

I'm up 81k so far.

When soxs back to 40? You told me semi conductors were going out of fashion

>>55497174
you were sold a bill of goods my friend
higher, further, faster

How legit are
>Educational sites:
https://www.investopedia.com/
https://www.khanacademy.org/economics-finance-domain

From op how do they compare to youtube cuz they are pretty lengthy esp the pajeet academy one

>>55497222
Rocker, I found another zoomer for you

>>55497174
It's all full conductors now.

>>55494914
this >>55495358 unless you're in an F250 right now

>>55497217
Gross.

>>55497230
I am 30

i havent made profit in over a year. i want to kms

>>55497254
you're right on the cusp mate
gonna need to know if your name is some shit like 'atticus' or a normal one like matt or dan

I found the person I want to be the cofounder of my bi/trillion dollar company, but the problem is I think he might be a schizo.

>>55497265

Normal one.

https://halturnerradioshow.com/index.php/en/news-page/world/breaking-news-russia-confirms-brics-to-launch-gold-backed-currency

petrodollar bros...

Damn, all the European EFTs I own have taken a pounding in the last week.

>>55497280
just give him a chance, it could be fun

>>55497169
>>55495592
Do not buy this scam company for any newfriends who cant spot an obvious pump and dump

>>55497222
Educational sites are good for learning the basics, just remember that you can only ever trust yourself. Stay away from technical analysis until you understand fundamentals.

>oil rig explodes
>bullish
This candle is going to reverse as soon as someone reveals they have extra oil hidden in thr shed.

Green monday, perhaps? It looks like the market is just going to unwind until it prices in fed hikes.

>>55497380
Nah there is a recession so everyone sell oil and buy nvda to protect your money

>>55497387
In a real-cession, both of those are bad assets. You want to buy gold (which will also dump).

S&P more like poop and pee.

>>55494914
Yes, only BTC and ETH.
Yes

anyone else buying ENVX?

>>55497459
>Net profit margin -350,490.47%

nah im good

>>55497217
Haunted pussy

>>55497423
If every asset dumps, you want to hold on to cash. Look at cash as just another asset. There's never been a better time to have cash savings

>>55496688
AAP
ABBV
ALL
F
PBR
T
TSN
VZ
XOM

>>55497465
Brooooooo it's the next big squeeze, look at how shroted it is, penny stocks to the mooon! I put 10,000 bucks in that, I'll have 100,000,000 when it goes up!

>>55497667
He'll be mad when we moon, when the squeeze has been squozen. Until then we wait, let it cook.

I'm short on puts.

>>55497747
TRUST THE PLAN *posts le funny meme of company CEO with laser eyes and doing an epic jojo pose while the emperor from warhammer and an anime girl give thumbs up*
why are there so many, presumably adults, who are probably like 35 but still mentally children while gambling their meagre salary on random shit?

>>55497747
I sold bitcoin at $1000 I am immune to fomo at this point. Nothing will compare to that heeming

>>55497748
Just how meta can you get with this shit? Can you be short on shorts on shorts on puts on bear etfs on bear etfs?

>>55497785
Yeah, bro. Lambo or Bugatti? What color, bro? We be ballin, they be poor. Haha these idiots.

>>55497884
Shorting on bear etf or bull etfs doesn't seem possible. On IG there are leveraged bull and bear etf, but going short isn't an option. Just because with time you'd probably win, as you can see when you look at those etfs over several years.

Want to dollar cost average into an index fund with a weekly investment, what's the best time to invest, I thought of Monday before market closes

>>55498047
it would be cool if someone could make a program to backtest, otherwise we are just speculating wildly
but I would say that Monday after close is not a good time to DCA, and would lead to underperformance over the long run, compared to another day or time period
the reason for this is that often if a week ends strong, Friday is a green close, then the rally continues over the weekend, and we have a green Monday a very large % of the time, much greater representation than 50-50
Monday usually can extend the rally, and then reaches a bust point, where people begin taking profits Monday afternoon, profit taking day on Tuesday
depending on the time / market conditions, you will often see people wanting to de-risk before a weekend, where they may start trimming positions on Thursday, prior to the expiration risk
Friday can go either way due to option expirations, where you could have the market get squeezed either up, or down, in order to reduce option losses
Wednesday you would have to deal with Fed meetings, and over time I think this could lead to underperformance, as the market often rallies after Fed due to decreased uncertainty / VIX gets killed, and then in the subsequent days this rally gets sold
So if I had to choose a single time and single day of the week to buy and DCA, I think you would get the best performance, be the most likely to be buying the bottom of the week, on Thursday at close, and then in second place Tuesday at close, third place Wednesday at close, fourth place Monday at close, fifth place Friday at close

>>55498047
Most funds/banks/etc.. work monthly.
buy last 1-3 days of the month.
If you take profits, take them on the first 1-3 days of the month.

It works even with Bitcoin.

>>55498119
>>55498196
cool, thank you. I see

The market will probably crab down until the Fed meeting. After that, when rate hikes are confirmed, there will be a fat poompa (ignoring the weird price action from the market pumping 1% and then dumping 1% within the span of an hour, of course).

>>55495744
The Crypto Kid

>>55494914
1) Yes, I have $100 in ETH on fucking venmo that I bought last November just to try the venmo crypto and completely forgot about.

2) Yeah about $25k but I'm keeping it in SPY. I know people say not to but at the the bottom of the 2021 crash I only lost a few thousand dollars, and I'm almost even now. Hopefully I can make some gains on it before the end of the year.

my parents have like $300k in cash.. should i just put it recurring 1 month treasuries at 5.5% ?

>>55498508
yeah sure why not
it depends on their goals and fears. if it gives them peace of mind to have 300K cash and not be invested in stocks at all, then 1 month treasuries would be the closest thing to their maximum comfort of zone of cash
you should talk to them about why they have 300K cash - is it due to uncertainty about the markets, real estate, etc - is it due to lack of knowledge of the choices available, is it saving up a nest egg for retirement only?
for some people, the peace of mind of "having" cash can surpass the benefits of 5.5% interest
though you should point out to them, that if they have this 300K in a single bank, then they are not fully covered - FDIC only covers 250K
so this alone should motivate them to do something, as they are above the FDIC insurance

>>55498508
Here's an idea but discussed much here. Preservation of capital. Put that money in a safe investment with a decent return.
Right now you're asking yourself what to do. When it's time to start buying stock, you'll know it. Patience and avoid big moves. Don't lock your money into anything long term unless you'll be getting a good return.
t. Had a bunch of cash in CDs when the coof hit

Fringe opinions were completely correct about the covid hoax in 2020 and they will be right about the Fed overtightening and creating economic chaos
>5.5% FFR isn't restrictive
No. The US economy is dependent on debt expansion for growth. This is why treasury yields were steadily dropping for 40 years. For example rapidly rising house prices are only sustainable if you make money easier to obtain. 30 year mortgages are now at 7.5% and house prices are at ATHs, a completely unsustainable dynamic
>disinflation is good for stocks
No. Inflation is the reason why earnings were so good the past few years. Prices rose quickly and were passed on to consumers, but worker's wages did not rise quickly. We've had negative wage growth (adjust for inflation) for two years. Inflation made labor get really cheap and that's where the huge demand for workers came from.
Now we're entering the opposite paradigm. Disinflation is taking hold but workers are still demanding higher wages. Companies will need to layoff workers or accept lower profits

Everyone is a stock market speculator nowadays. Young people put their paychecks into Robinhood and gamble on options. People are still buying up houses expecting to flip them or rent them out on Airbnb. None of this is sustainable, especially not with a restrictive Federal Reserve

>>55498276
ohh... does anybody know if The Mannarino and Crypto Kid had a falling out? anybody got details?
I remember someone in Mannarino's livechat asking where Crypto Kid was and Mannarino replied as if he didn't know the guy.

I've got $45k and I need to double it on Monday or it's all over bros. What do I bet on?

>>55498732
sustainable or not, this stuff can go on for years before any real fallout happens

>>55498732
>Fringe opinions were completely correct about the covid hoax in 2020
please elaborate.

>>55498732
High interest rates causing a recession and bear market isnt a fringe opinion you midwit
Stop arguing with yourself

>>55498732
>People are still buying up houses
"People" aren't. REITs and massive billion dollar investment firms are. Opinion discarded, you don't know what you're talking about. You want SFH to become more affordable you do two things;
1)Make it illegal for foreigners and foreign corporations to purchase own or hold residential real estate
2) Prohibit residential real estate to be used as collateral towards investment brokerages
They won't do that.

Times have changed. The whole market is flipping.

>>55498777
>please elaborate.
Covid was the seasonal flu. The crisis was ridiculous and fake. People should have come to their senses quickly but instead the fake crisis was dragged out for two years and the intensity constantly increased. More lockdowns, more masks, more fear. Then one day everyone forgets about it because it was never a real crisis to begin with

Things that used to be drivers of inflation are now the opposite.

>>55498732
Topwit post

>>55498804
>Covid was the seasonal flu.
I partly agree to that and fully agree with the rest.

This wont be the first time the fundamental trends have shifted likes this.

>>55498784
>High interest rates causing a recession and bear market isnt a fringe opinion
Right now it is, "no landing" is the dominant narrative. The market believes that the US economy can grow rapidly with 5%+ FFR. Now I'm seeing the argument that high rates are good for stocks because people will invest all their money market fund gains into the stock market

>>55498771
its possible but only with 0dte. youll have to wait until the market makes a big move, up or down, then buy a 0dte for the opposite direction. if you fail, you lose it all btw.

>>55498771
Why you need to double it by Monday?

You could go to a casino and bet everything on red.

>>55498771
You gotta find Matt Damon and a good mark.

>>55498829
After the 2020 crash the Fed was stimulating the economy like we were heading into The Walking Dead zombie timeline. If you believed in the mainstream covid narrative then the Fed's actions were justified. If you thought that covid was a ridiculous fake crisis then the Fed's actions were way too much. They were still buying MBS even as the housing market was parabolically rising

>>55498803
that dude is a supreme kike dont watch his videos
hes trying to bait people to buy the top

>>55498732
>the Fed overtightening
I'm very conflicted over that.
How exactly is the FED tightening? Tightening meaning "reducing" the money(debt) supply.
The FED has stated that the reduction of their balance shieeeeet will almost entirely come from their holdings maturing.
Since the FED mostly holds US governmental debt - and debts & deficits within the US are still on the rise - this means that at the time of the debt maturing on the FEDs balance sheet, the US government must have issued NEW debt and sold it into the open market just to pay off the principal and interest of their maturing debt which the FED held.
Can anybody please explain to me where money(debt) is being destroyed in this process?
All I can see is everything chugging along as it ever did. Endlessly expanding.
And since the US government seems to have absolutely zero issues with issuing new debt to pay off old debt, it really doesn't matter who held the old debt. Not even if it was held by the FED.
>The US economy is dependent on debt expansion for growth.
Which I believe is still happening as mentioned above. The US still has no problems issuing new debt in ever increasing amounts.
Also the US economy doesn't seem to have a problem either since there are no mass corporate or personal bankruptcies and stuff.
>For example rapidly rising house prices are only sustainable if you make money easier to obtain. 30 year mortgages are now at 7.5% and house prices are at ATHs, a completely unsustainable dynamic
This is just a hunch. But exactly this line of thinking might turn out to be
>correct in theory
>completely off in outcome
...for whatever reason.
>No. Inflation is the reason why earnings were so good the past few years. Prices rose quickly and were passed on to consumers, but worker's wages did not rise quickly. We've had negative wage growth (adjust for inflation) for two years. Inflation made labor get really cheap and that's where the huge demand for workers came from.
I fully agree.

(tbc)

>>55498921
>Can anybody please explain to me where money(debt) is being destroyed in this process?
regular people
thats literally it
its still all a hyper funnel to suck all wealth to the top
thats why if you want this corrupt system to finally break and the dollar to finally go belly up, take out as many credit cards as you can and max those suckers out and pay NOTHING
take out multiple student loans and then just play video games
just get as much free money as you can and pay back nothing
stop working, do nothing
it will all come down
its the only power average people have against the corrupt elites
if we all stop playing in this corrupt system, their imaginary wealth disappears before their eyes like it was never there in the first place

Why won’t tech crash? AI is fake and gay.

>>55498732 >>55498921
>Now we're entering the opposite paradigm.
I fail to see that this is indeed happening.
>Disinflation is taking hold
Disinflation, by definition is a reduction in the rate of increase of inflation compared to a specific previous point or period in time.
Disinflation means that even though the rate of increase of inflation is comparatively lower, the rate of increase measured is still POSITIVE.
Which then means, inflation is still positive AND HAPPENING.
So basically, inflation is still happening, just not so fast comparatively.
What exactly has changed except for the pace of inflation?
Positive inflation is still inflation and I tend to believe that the disinflation meme in the end will mean fuck all.
Inflation is inflation, everything else would be deflation, which by definition isn't occurring at the moment.
>but workers are still demanding higher wages
As they should since inflation is still positive.
>Companies will need to layoff workers or accept lower profits
...or raise prices even further.

>especially not with a restrictive Federal Reserve
I still quite don't understand that one...

>>55498831
Rates don't matter to corps or most people most of them have interest rate hedges and locked up low rates in last few years. not many things have flexible rats these days its gonna take a long time to see the effects of 5%+ FFR. Most Fed members are saying this and have and have a only a 50BPS cut in the next few years.
There has been little to no slow down in the US economy so far and every quarter the Fed move the recession prediction down and smaller every fed meeting

Durable goods order and home starts car sales all going up the last few months.
The only Question is if the SPX earnings go up for Q2

>>55498976
it will just let it play out
nasdaq has been barting lol

>>55498982
>Which then means, inflation is still positive AND HAPPENING.
Yup.
In the end us at the bottom are still fucked unless your wealth is in assets that appreciate with inflation basically (so like bill gates who owns a california worth of land, for example).

>>55498945
that wouldn't do anything, if enough people did it inflation would increase since you added to the money supply. when a debt is paid back that money is destroyed. I've thought about things that would hurt an economy and came up with a mass exodus of renters, but where would they go? and how would you convince people to do it? for example I live on an island where we get a stipend for housing, housing is very expensive but if my single group of employees (this would never happen) all stopped paying rent that's millions gone from the local economy. also don't do this because you'd be labeled a financial terrorist.

>>55499019
a lot of wfh lets people go live like kings in other countries
also
>that wouldn't do anything
it would do a lot of something
why do you think lenders are tightening right now and not willing to give money away for free anymore?

>>55499006
I quite don't understand why people aren't able to grasp that.
Nothing, absolutely fucking nothing, is pointing in the directions of things becoming less expensive, let alone affordable again.
Is it really like the one quote of that one dude?
That the lower end of society really believes they are only temporarily embarrassed billionaires(adjusted for inflation)?

I mean... honestly... people have become fucking priced out even harder than before covid.

>>55499035
so a large amount of people max out loans and cc, don't pay them back, then what? banks fail and get bailed out (you the taxpayer really bail them out since the cost is inflation) and repeat. it's all a fugazi

>>55499045
>I quite don't understand why people aren't able to grasp that.
Remember about a third of the population is just straight up full retard, and another third are npc's and dont pay attention until gas/eggs/whatever cost 8-12 bucks. Theyve been trying to alter the definition of inflation for awhile (see "transitory inflation") to throw people off but it is just a reflection the money supply.

And yeah we're basically fucked. Try to carve out your slice while you can because its only going to get worse, especially if dems are in charge til 28.

madonna nooooooooo
you bogged yourself and now this?

>>55498804
>Covid was the seasonal flu.

Depends on how old you are.

Short autozone. Holy fuck do they suck.

>rate hikes are bullish!
Explain this meme.

>>55499281
What happened lol ripped off haha

>>55499310
it is more inflation is bullish and we aren't tightening enough to cause deflation. Less inflation is still inflation. And bond rates still aren't high enough to attract equity investors used to 10% returns per year on average. Bond rates really need to go up another 2-4% by my asspull estimation.

>>55498976
Where should people put their money then? Rates is up and inflation high. Countries are scrambling to get oil independent.

>>55499310
overlay the history of rates over the stock market. every time there is rate cuts is when the market crashes

>>55499310
M2 went up the last month by 168b

>>55499310
Everything is bullish, chud. We have an argument to spin anything your low IQ bobo brain can come up with as bullish. TLDR, you're a loser and bulls are winners.

>>55499522
I don’t care, the entire tech industry is overhyped and produces nothing of value. AI is a meme, it’s shit, it‘s garbage. Look at NVIDIAS PE, and look at the PE of every major tech company. It’s fucking fomo and needs to die.

being homeless or living in a van would save me $750, its pretty tempting desu. I mean its not like I would take a girl home with me in the first place so why shouldnt I try it?

>>55499690
you need a place to park and then there will eventually be car repairs. youll need to find a place to shower and shit and cook.

>>55499690
>he doesn't know about the van life sluts
Ngmi. Also get a handgun that's easy to use in case you get raided by niggers. I'd pick a revolver.
>something something SPY financial advice

>>55499694
>shower
Wipe yourself down with vinegar and use a inverted water bottle and soap to wash your hands
>shit
Compost bucket.
>cook
Canned food, instant food, or anything ready to eat.

Libtards create problems, hardworking REPUBLICANS create SOLUTIONS.
>something something SOXL financial advice

>>55494914
I have a bit of bitcoin
Yes

>>55499589
The whole reduction of M2 is a weird one.
As I mentioned before ( >>55498921 >>55498982 ) I do not understand how the FED reducing it's balance sheet and by letting debt mature AND the maturing debt immediately needs to be refinanced by the US government on the open market can possibly be a monetarily deflationary event.
US gov debts and deficits are still exploding and mass corporate or private bankruptcies are not happening (or at least are not getting reported).
So where exactly is debt (or currency) getting "destroyed" for the M2 to actually shrink?
>US debt exploding
>consumer debt exploding
>etc.
>M2 getting lower?
HOW?

The graph of M2 basically looks like the FED balance shieeeet but with a lag and only one report per month.

So I really don't know how much the M2 means in the grand scheme of things as I can not figure out where debt/currency destruction would be happening.

We are not in a deflation by any metric.

Please somebody explain.

>not having a boomer portfolio of carefully selected longs with strong fundamentals
imagine
it

You always see calls being used in every day language like "good call" "i called that" but you never see the term puts being used in that way.

I had a dream last night that i agreed to an arranged marriage to a girl sight unseen. I then got cold feet on the day of, saw girl and spoke to her for first as I was leaving the venue, she was very cute, hesitated about the situation and then i woke up. I never have dreams like this. Very strange.
By the way WE'RE IN BEAR MARKET. YOU WERE WARNED. YOU MAY. BE. HOOKED.

>>55500007
Memory from a past life. I wonder who that cutie married to in this life

>>55499958
when an animal is mortally sick, wounded, or dangerous, you "put them down".

>>55499690
Dude you're only saving $750. You're willing to save $750 in order to give up your safety. Don't be stupid and keep being a good goyim, pay your rent

>>55499882
Money is created when a loan is taken out from a bank, and then destroyed when its payed back with interest. the Fed can also create money demand when it buys MBS and treasuries from the government.

The Fed has been selling some (very small amount) of its balance sheet but letting most of it run/ mature and only repurchase some of it.

The spike on this chart is from the SVB failure, many small banks had to reshuffle there balance sheets during March and stop giving out loans. Since the storm has past banks are now lending more money out, and now the M2 has risen some what. people and businesses are still spending money and need loans to function.
Businesses are rising prices by a lot because they can and workers are getting pay raises to meet the higher costs.
There has been a boom in home building and durable goods orders this month, witch mean more loans and higher M2

CPI and Core CPI are still at 4-5% and staying there for the time being while PPI is falling (2.27% to 1.09%) meaning all the increases have been from corporate price increases.

>PPI

>>55498770
Yes, Memearino said he wish he never met the guy, said something happened that he's not going to talk about.

>>55498770
Are those boobs shopped??

>>55499690
I did this to save $1800/m. I would just pay the $750 lol

I need help with >>55497061
I'm ESL so please let me know if something is not clear

>>55494914
No
I have 800, anything more and it can wait for me to sell.

>>55500072
People underestimate the retardation of this general considerably. Anons will choose to be homeless to save $750 even they can gamble it all on 0dte options and tell their friends and family that they're a "day trader" and big into "investing". This place is nothing more than a gambler's anonymous.

>>55500373
>nothing
*little
there are a few here who are more conservative and long term oriented. some even have IRAs that don't have leveraged ETFs in them.

>>55500352
Your problem is not having enough income. Buying a house won't solve that.
IMO your savings would be better used for some sort of commercial purpose.

I've been sitting out for the last 4 months and realized I don't like obsessing over my positions. I was thinking of trading in most of my equities for SPY and joining team Bogle. Would now be a bad time to do that? There are some equities I'd like to save, but managing this many positions is too much hassle.

>>55500408
If you have an IRA there is literally no reason to be here because there is nothing to discuss. Everyone is looking for the next 10 bagger. Which results in complete shitcoins like MULN and AQB being shilled.

>>55500352
buy a push cart that you can wheel around town through neighborhoods and parks selling popsicles and ice cream bars. or hot dogs or tacos or whatever but popsicles and ice cream bars are a lot simpler because you just buy them in bulk prepackaged and sell them without the need for any cooking/prep/food service sanitation concerns.

>>55500439
discussing stooks in any capacity is reason enough to be here.

>>55500408
>there are a few here who are more conservative and long term oriented.
yeah like >>55500423
this son of a bitch is playing it so safe he puts a condom on before he calls his broker

>>55500444
every couple weeks in summer one of these rolls through my neighborhood
https://www.youtube.com/watch?v=CZB6WXDuM1g

>>55499802
dont get me wrong, my plan is to buy an RV and rent out an RV parking spot. should be a lot cheaper than an apartment. ill survive and i wont bitch about it.

>>55496688
>>55497655
also
CAG
CVS
FLO
KHC

>>55500466
the ice cream song was deemed racist. the last time an ice cream truck came around it was playing christmas music.

>>55500482
My ice cream guy doesn't not give a single darn about social media and the left wing. He plays this song and only this song.

>>55500466
there's an old Mexican man that does what I suggested in the nearest town to me. Back when my son was a kid of taking to the park age I'd buy us frozen coconut confection bars from him. I guess for all I know he's too old, dead, or otherwise gone by now, that was many years ago.

Imagine being long just ahead of the Greatest Depression.

>>55500423
based NSC, CSX, WAB train stocks holder. I like LMT and BAH too but you need GD and NOC to go with them and might as well get UNP to more or less complete the trains. Oh, LDOS too, owned by LMT and at a breddy gud buy point presently. I got my son to buy it over 2 years ago and it was a strong performer up until it took a recent hit but is building back strongly as it tends to do. I hold it myself now too.

>>55500544
source?

>>55500544
>>55500569
my taxi driver told me just two more weeks

>>55500569
>>55500576
The source is that everybody knows it.

>>55500544
Would be interesting to see how younger generations deal with a 2nd Great Depression, assuming it ever happens.

Back then people had to learn skills and like 50% of the USA were able to grow their own food. Now? Grown ass adults can't even make a fucking cup of coffee or toast to save their lives. Expect to see a shitload of people that relied on the internet like Twitch, YouTube, Tiktok and so on to make a living have to resort to changing everything to survive.

>>55500544
Umm sweaty? That's been debunked. The good guys are in charge now.

>>55500616
define "just ahead"
yes it makes no sense, but lots of things that make no sense can go on for a long time

>>55500074
I guess you are mostly correct but none of it explains why M2 is shrinking.
>Money is created when a loan is taken out from a bank
That is one way, yeah.
>and then destroyed when its payed back with interest
Debatable. Also where is the interest coming from if not from another new loan?
>the Fed can also create money demand when it buys MBS and treasuries from the government.
Official statements said that the FED is not allowed to directly purchase shit from the issuer, but has to buy it from the secondary market.

>the FED is letting an asset mature on its balance sheet.
The debtor has to pay the principal at full at the date of maturity.
Incredibly unlikely that the debtor is able to pay the principal in full without having the need to issue the full amount as new debt (with interest attached)
At least that's how it us for the US gov. as debts and deficits keep exploding.
So where is the money destruction occurring when for one unit to be destroyed another has to be minted?
Also... keep in mind interest has to be paid ex nihilo.

Nobody has yet been able to answer this.

>>55500644
If there's no chance of the Greatest Depression happening right now, why do you get so nervous when people mention it?

>>55499882
>>55500074
the federal reserve basically doesn’t exist. you guys need to take the Snider pill. two great introductions I recommend are Jeff Snider’s first appearance on the podcast/youtube channel What Bitcoin Did (they don’t talk about bitcoin really at all in that episode, just fiat and the Fed), or Jeff’s appearance on a livestream on the youtube channel Money&Macro. for a more in depth discussion, Jeff did a seven part series on a different bitcoin podcast/youtube channel What Is Money with Robert Breedlove (again they barely talk about btc during these episodes) it’s mostly just about Jeff’s contrarian view of the Fed and how money is created. he has his own youtube channel called Eurodollar University, but it’s not a good intro to his ideas because he makes daily videos where he mostly just reacts to whatever news dropped that day (Chinese manufacturing numbers, German unemployment data, etc) it’s more like a news/analysis type show but what you really want is his appearances on these other shows where he gets asked to basically walk people through his view of the monetary system.

>>55500413
I make something like $35k/yr as a IT specialist. I could make a lot more than that if I tried, but...

>IMO your savings would be better used for some sort of commercial purpose.
I also wish I could use this money for something like that, but I'm lazy and risk averse. also, I don't know shit about businesses, beyond some basic stuff.

>>55500444
too much effort for little pay.

>>55500671
ain'ts nuthin' gone depress me baby no matter how great it thank it is, omar make it baby no matter what till he don't no mo.

LONG UVXY X5 FOR NEXT WEEK FFS

>>55500700
btw, I have something like $80k saved. as I said, that's enough to buy a shitty house, or maybe some relatively ok land in a small city or rural area (in fact, I was offered some 10 acre land for that amount that turned out to be a shitty hillside located some 3 miles away from a beach)

>>55500721
Uvxy literally only goes down

>>55500732
Not always

>captcha KKK

>>55500732
that’s mostly true, except when it goes up 10x in a quarter or even a single month, when the stock market crashes

>>55500677
this one:
https://m.youtube.com/watch?v=KNa-fewraJA&pp=ygUcV2hhdCBiaXRjb2luIGRpZCBqZWZmIHNuaWRlcg%3D%3D

>>55500728
You have 80k, you can either consider it savings or capital.
Savings usually end up as some depreciating asset that someone bad with money "dreams" about while capital usually ends up as some investment or investments that make the person money.

>>55500874
sure, but a business comes with risks. meanwhile, my savings can go into a CD and make >10% in the next year.
my whole question was about this problem: if I put that money in a year-long CD, I won't be able to buy a house in cash, and I might lose a good opportunity. on the other hand, interest rates for short-term CDs are going down

also, I just realized that I forgot to mention a rather important detail: I actually want to build a bed&breakfast business with that home. I'm looking to buy a house near a small touristic city. but houses are overpriced af thanks to migration during the pandemic.

I'm thinking about dinner
Anyone here hold any restaurant stocks you want me to support?

nigger

>>55500866
Looks like a jew.

>>55497884
with options you can:
>buy or sell calls
>buy or sell puts
all those things can be bearish and bullish and be used to get passive income (premium) or higher leverage (5x up to 10x)

>>55500866
why would i trust a JEW?

>>55500911
>bed&breakfast business near small touristic city
you'd do *way* better with a popsicle cart thanks to way lower overhead, slightly elevated yet reasonable tourist prices, and volume.

>>55500911
>: I actually want to build a bed&breakfast business with that home.
That's fucked. I rather buy the ice cream shop on the boardwalk than do ABNB shit.
I'll guarantee the man that owns the dessert place doesn't have tourists staying at his house.

>>55500829
ah so i just need to know exactly when the stock market will crash. easy.

Another relaxing day. Me and the Wife got an iced tea maker. Goodbye buying pre-made tea. Also finally got around to buying an UPS for my desktop computer and printer. (Server's had a UPS for years but the desktop,etc never has till now)

>>55501020
a tea making machine is barely a step up from premade. all you do is put tea bags into boiling water and let them steep a few minutes, simple as.

>>55500651

>debatable. Also where is the interest coming from if not from another new loan?
Yes in Fiat that is the point to keep have debt being paid off with debt in order to have demand for USD (all Fiat). This how a debt based system works

>Official statements said that the FED is not allowed to directly purchase shit from the issuer, but has to buy it from the secondary market.
Yes I was miss spoken with that, your right.

>so where is the money destruction occurring when for one unit to be destroyed another has to be minted
I thought about this a while can't seem to give a good answer but you can read my thought below.

You might want to ask during schizo hours for a better answer


Not all money is created for the government most is created from private bans loan people money.
Banks can buy bonds with money deposited in a fractional way ie you $1000 deposit and then $9000 worth of t-bills, this means as long as there is depositors in the bank system then then banks can still be buying treasures. If there is a out flow of money from the system the the currency goes down and bond yield go up and money is destroyed as asset values go down.

You can see money creation and destruction just by looking at total asset values
While M2 is flat / falling its because stocks prices are going up but bond values are going down and real state is flat.

>>55500935
>>55500961
if he was delivering a message the jews want you to hear, he’d have a book deal and be on mainstream tv promoting it, not on a bitcoin podcast telling you not to trust the official narrative.
anyone itt who’s interested in the monetary system I highly recommend that podcast episode

>>55498831
that isn't how it works though because more gains in the market means inflation is just going to come ripping back through and the fed is just going to have to hike futher and harder in the future.

>>55498983
They don't do it to slow down the corpos they hike rates to slow down normies consume spending.

>>55499690
Living in a camper isn't bad as long as the fucking plumbing works burt mine currently doesn't.

>>55500007
I had a dream last night I was able to go back in time and use the 90s internet again and it was pretty based not gonna like desu.

>>55499045
>>55499006
Reminder to buy TIPS or iBonds to protect yourself from inflation. I'm seriously debating just buying the TIPS index instead of the bond index.

Since 2010 the average yearly inflation eating into your gains is 2.81% PER YEAR. Any form of cash or short term bonds just completely burned away cash

Guys I’m visiting my boomer Indian software dad who has a bit of wealth accumulated now that his company got bought out and he wants to find ways to invest it. He was debating between putting it in some real estate rental operations or into stocks.

But what scared me is that when I entered my parents home the first thing I saw on the living room table was a prinout of an iron condor option payout structure. It looked like he printed out some tasty trade option strategies and is learning about spreads. I think my dad is going to turn into one of those tastytrade retards who blows all their money on convex payout spreads because he doesn’t understand how Vega / volatility works and ignores the Greeks

>>55501210
the dollar devalues more than the official inflation numbers. I would say unless you’re getting 10% or more your probably losing money buying bonds

>>55501196
I haven't found any data showing any slow down in spending for consumers or corps from the rate hikes.
They thing I notice is not using margin to buy stocks because rate are 8%+ for most brokers.

WHEN DO I BUY

>>55501309
turn him on to BOIL

>>55501418
LOW
>WHEN DO I SELL
HIGH

the more i daytrade the more i hate the 1min TF

>>55501499
i hate the huge fee for buying options

>>55501196
Is there any data to from consumers to show that rates affect there spending? Most Fed members say that monetary policy does very little to inflation.

>>55500920
check out the kroger deli and chill at the bar, if yours has one.

>Ordinary Dividend SOXL +55.36
>Free balance interest adjustment +0.22
>Removal of option due to expiration +782.00

>>55501679
My KR just has a SBUX... and I actually ate lunch from the KR deli (one of those pre-made breakfast wraps), so looking for something different

>>55500920
just eat beans nigga

>>55501749
Gonna be honest. Beans are one of my least favorite foods. I can tolerate them inside a burrito... but I absolutely hate them on their own
Maybe I should go to CMG?

>>55501763
>eating food for enjoyment rather than utility
NGMI
G
M
I

Why does she look black in this picture? At Fed press conferences, she looks very white
Also
>thinking you could ever afford a home

>>55501838
it’s a black and white picture, anon. kek

>>55501086
Thanks for your reply.
>You might want to ask during schizo hours for a better answer
I have on several occasions.
It's either insults or warnings to lower the antisemitism.
Not even joking lol

I actually expect M2 and how it's measured only to represent a tiny fraction of all outstanding US Dollars or US Dollar denominated debt. So therefore it probably is only a reference of weak accuracy to point to and cite. People, most of us really, on do so when it fits our own narrative... mostly.
Me included, I guess.

Also, some of the debt and currency creating mechanisms are probably concealed from public knowledge so we don't get nearly a full picture anyway.

For example - although these may not be debt or currency in the classic sense - which statistic actually accounts for the hundreds of quadrillion in outstanding derivative bets?
Remember that? The quadrillions of US dollar denominated derivative bets?

That's what I mean with many things hidden from us.

picnotrelated

>>55500920
Costco food court

>>55501609
Yeah of course they say that it doesn't effect inflation because they have careers on the line, but, look at the actual historical data and it's all the same; Inflation go up cause of lose fiscal policy and line go down from tightening the printers.

And yes it's called GPI.

>>55501345
yeah because the consumer market and labor market are fucking insanely strong right now. Actually watch the fed meetings and jerome talks about it constantly. Interest rates deff slow down consumer spending though because it makes consumer debt impossible. Banks are less willing to loan money out and 99% of spending in the economy is all credit.

>>55501418
You buy uvxy on monday

>>55501885
>sharing your toilet with your 7 guests just cause you don't wanna watch pirates of the Caribbean by yourself

>>55502014
>>55502014
>>55502014

>>55501885
>although these may not be debt or currency in the classic sense - which statistic actually accounts for the hundreds of quadrillion in outstanding derivative bets

The jew in video say we (not even Fed members do) don't even have a number for the amount of money in the euro-dollar system

https://www.youtube.com/watch?app=desktop&v=KNa-fewraJA